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OFG Bancorp (FRA:OFP) 5-Year Yield-on-Cost % : 9.42 (As of Jun. 05, 2024)


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What is OFG Bancorp 5-Year Yield-on-Cost %?

OFG Bancorp's yield on cost for the quarter that ended in Mar. 2024 was 9.42.


The historical rank and industry rank for OFG Bancorp's 5-Year Yield-on-Cost % or its related term are showing as below:

FRA:OFP' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 4.17   Med: 7.62   Max: 26.49
Current: 9.42


During the past 13 years, OFG Bancorp's highest Yield on Cost was 26.49. The lowest was 4.17. And the median was 7.62.


FRA:OFP's 5-Year Yield-on-Cost % is ranked better than
85.28% of 1189 companies
in the Banks industry
Industry Median: 5.07 vs FRA:OFP: 9.42

Competitive Comparison of OFG Bancorp's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, OFG Bancorp's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


OFG Bancorp's 5-Year Yield-on-Cost % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, OFG Bancorp's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where OFG Bancorp's 5-Year Yield-on-Cost % falls into.



OFG Bancorp 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of OFG Bancorp is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

OFG Bancorp  (FRA:OFP) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


OFG Bancorp 5-Year Yield-on-Cost % Related Terms

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OFG Bancorp (FRA:OFP) Business Description

Traded in Other Exchanges
Address
254 Munoz Rivera Avenue, San Juan, PRI, 00918
OFG Bancorp is a financial holding company, through its subsidiaries provides banking and financial services. It operates through three segments namely Banking, Wealth Management, and Treasury. It serves to clients such as commercial, consumer, auto, and mortgage lending, checking and savings accounts, financial planning, insurance, financial services, and investment brokerage, and corporate and individual trust and retirement services. It provides services in the region of Puerto Rico.

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